386 Fowler Lake RoadGhentNY12075
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Ghent at 386 Fowler Lake Road, Ghent, NY, 12075 uses $115,694 cash to close to unlock $6,307/yr annual cash flow and $526/mo monthly cash flow. Total monthly income runs $2,856/mo, and a $1,708/mo payment keeps the spread at $526/mo. Purchase price stands at $349,000, and rental yield measures 9.82% with $2,856/mo rent. Return on cash invested shows 25.36% in year one, and 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 132.71% and total cumulative return in cash records $153,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,856/mo property income covering a $1,708/mo payment rather than investor’s personal income.
Single Family
Built in 1965
17.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 12075, Ghent, NY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,538 (100%) |
| Owner Occupied HU | 1,061 (69.0%) |
| Renter Occupied HU | 224 (14.6%) |
| Vacant Housing Units | 253 (16.4%) |
| Median Home Value | $404,009 |
| Average Home Value | $501,975 |
Housing Distribution
Address Breakdown
Residential
1,245
Single Family
1,245
Multi-Family
0
Businesses
109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices